10% rise in Business Insolvencies predicted by Experts
UK Business insolvency could increase by 10% this year, according to research by Allianz.The insurer’s global insolvency outlook revealed that 15% of small and...
Actors resorting to Debt Recovery action to get paid
A large number of Actors from shows such as Call the Midwife, have had to resort to taking debt recovery action to ensure they...
1 in 3 Small Business owners fear closure this year
Nearly one in three (31%) of small business owners anticipate the potential closure of their businesses by the end of 2024 according to research...
Number of Restaurants closing hits new high in the UK
The number of restaurants closing across Britain hit a new quarterly high at the end of 2023, with more than 500 closing.There were 514...
Council calls off Bailiffs chasing Unpaid School dinner fees
A local authority exposed by the Sunday Mail for using debt collectors to chase school meal arrears has ditched the policy.Scottish Renfrewshire Council had last year...
Football Club facing liquidation unless buyer found
Well known Northern English Football club Rochdale FC are facing the very real prospect of liquidation as things stand.
Rochdale currently sit mid-table in the...
Debt ridden TV Celebrity has horse seized by Bailiffs
Debt ridden TV celebrity Katie Price has been hit by another devastating blow amid her battle with bankruptcy, as her beloved horse has reportedly been...
Claims Management company closes suddenly due to large debts
A north west Claims Management company running financial mis-selling claims has closed, announcing on its website that cases have been transferred.The Law Gazette reported...
Could the Recession be good for Debt Collection?
Some people believe a recession is lucrative for the debt collection industry. With a recession comes more late payment of invoices and overdue accounts....
London Mansions being seized as part of Debt Collection efforts
London mansions are being seized as part of measures to recover debts in London from bankrupt businessmen.A Kensington mansion has become the capital’s latest luxury...
Retail Insolvencies continue to rise in the UK
Retail Insolvencies are expected to continue to rise according to latest industry expert findings.Less than two months into 2024 and six UK retailers have...
Huge rise in no fault evictions in 2023
Figures released in the past week by the Ministry of Justice showed that 9,457 households in England were evicted by bailiffs in 2023, compared...
7% rise in UK Mortgage Arrears
Latest UK Finance data has indicated that homeowner mortgages in arrears rose by 7 per cent (93,680) in the final quarter of 2023 compared...
15% increase in CCJs issued for last 3 months of 2023
The end of 2023 saw an increase in CCJs issued for unpaid debts for debts against consumers, businesses and small business debt.Read the full...
Solicitor jailed for stealing funds from Clients
A solicitor who admitted taking thousands of pounds from clients whilst acting as their power of attorney has been jailed.Alison Haley Griffiths, 55, pleaded...
Lisa Marie Presley’s daughter refusing to pay late mother’s UK Debt
Riley Keough is refusing to pay the debt on late mother Lisa Marie Presley’s U.K. home one year after her death.Keough, 34, pushed back on Barclays...
Business Insolvencies at their highest since 1993
More businesses entered insolvency last year than at any point since 1993, as higher interest rates weigh on UK firms, official data shows.
The Insolvency...
Big rise in Construction sector insolvencies
Latest data analysis by Mazars has found that on average a dozen construction firms are going bust every day after 4,370 firms collapsed last...
TV Legend facing Bankruptcy due to unpaid HMRC Debt
TV Legend Bill Roache is facing bankruptcy for a second time.The 91-year-old actor - who has played Ken Barlow on 'Coronation Street' TV soap...
Luxury Homes Developer falls into Administration
Luxury homes builder Kenham Building has called in administrators, with all staff made redundant.The west London firm appointed ReSolve partners Cameron Gunn and Chris...
